Mechanic and Dodgy Car Dealer Driven to Director Disqualification In the last week, a car repair garage and a dodgy commercial vehicle dealer have been handed combined director disqualifications of 17 years for failing... Read More
Jail Time for fraudulent directors of an Optician and a Construction Company Director Director disqualifications and running the risk of being made personally liable for company debts is one thing, but there are some acts of misconduct in... Read More
Creditor Compensation: Protecting directors from Personal Liability In another of this week’s posts, we discussed the new creditor compensation rules that came in on 1 October 2015. The changes give the court... Read More
New Creditor Compensation Service for Director Misconduct A ruling made by the UK’s Supreme Court is set to help creditors recover more of the money they are owed from liquidated companies. The... Read More
Directors Made Liable for Tax Errors? There are some circumstances in the running of a limited company or a limited liability partnership when the protective veil of incorporation can be penetrated... Read More
Two Directors Pay High Price for Failing to Keep Adequate Company Records The directors of a restaurant in Covent Garden and a computer supply shop in Cardiff have been disqualified for ten years and eight years respectively... Read More
Publisher and Marketing Co. Wound Up for Misleading Third Parties Two unrelated companies, a football image marketing business and a motorcycle magazine, have been wound up by the High Court for misleading an invoice finance... Read More
Director disqualification for Two married couples who were directors We’ve all heard that old adage about the risks of mixing business with pleasure, well, that’s something the following two couples might like to consider... Read More
Disqualification for a Vocational Training Director following Winding up The director of a vocational training company has learnt a hard lesson after receiving an eight-year directorship disqualification for taking the money for training courses,... Read More
The Role of Turnaround and Insolvency Practitioners in a Recovering Economy Company insolvency is something we tend to link to recession. In hard times, when the economy as a whole is struggling, it’s inevitable that some... Read More
High Court Closes Five Companies with Compulsory Liquidation In what must have been a busy week for the High Court, five companies, two involved in a dishonest land banking scheme, and three related... Read More
To avoid Wrongful Trading directors Must Take ‘Every Step’ to Minimise Creditor Losses A recent ruling in the High Court has shifted the responsibility from the liquidator, to the company director, to prove every step has been taken... Read More
